Imperial College Business School
Imperial College Business School is a part of Imperial College London in London, England. Queen Elizabeth II opened the business school in 2004. The school is regarded as one of Europe's leading business schools, where its curriculum is designed to cultivate students' innovative thinking and leadership abilities.
| Motto | Imperial means Intelligent Business |
|---|---|
| Established | 2004 |
| Dean | Peter Todd |
| Location | |
| Affiliations | AACSB, EQUIS, AMBA |
| Website | imperial.ac.uk/business-school |
Imperial offers postgraduate programmes, including an MBA, Masters, PhD, and executive education. Its research centres address global challenges on sustainability and climate change, digital transformation, entrepreneurship, healthcare policy and management, and finance and institutional resilience.
History edit
In 1851, the Great Exhibition was the first World's Fair, organized by Prince Albert, husband of Queen Victoria. The proceeds from this event were used to establish museums and royal colleges in South Kensington, to become a centre for science, culture, and industry.[1]
In 1907, Imperial College London was established by Royal Charter, which unified the Royal College of Science, Royal School of Mines, and City and Guilds of London Institute into one university.
In 1909, King Edward VII laid the foundation stone for the Royal School of Mines building, which is part of the present day Business School facilities.
In 1955, Imperial's first MSc in Production Engineering and Management was launched at 14 Prince's Gate.[2] In 1961, Imperial launches an MSc in Operational Research and Management Studies. In 1964, executive education short courses were launched in Operational Research.
In 1965, Imperial College London and the London School of Economics co-sponsor the founding of the London Business School.[2] At the request of the UK Government, the Rector of Imperial College and Director of the London School of Economics became one of the seven members to guide the academic staff at the London Business School.[3]
In 1971, a Department of Management Science was created.[4] In 1978, the Department of Social & Economic Studies was formed. In 1987, the Departments of Management Science and Department of Social & Economic Studies merged to form a Management School at 53 Prince's Gate.
In 1989, an Executive MBA was launched.[5] In 2001, an Entrepreneurship Centre was established. In 2002, a Distance Learning MBA was formed. In 2003, an Innovation and Entrepreneurial group was established.
In 2003, Imperial College London elevates business to become its fourth faculty, the other three being science, engineering, and medicine.
In 2004, Queen Elizabeth II opens Imperial College's Tanaka Business School.[5][6]
In 2008, the business school drops the Tanaka name and becomes Imperial College Business School.[7]
In 2021, Imperial's White City Campus was opened.
Campus edit
The business school is on the main campus of Imperial College London in South Kensington. Its architecture, featuring a glass front, draws inspiration from the Crystal Palace of the Great Exhibition of 1851, a nod to the college's historical roots. Designed by architectural firm Foster & Partners, the building was opened by Queen Elizabeth II and incorporates the 19th-century vaults of the Royal School of Mines.
The business school has additional facilities on Imperial College London's White City campus, which serves as an innovation and entrepreneurship ecosystem for collaboration between students, faculty, entrepreneurs, and industry. Included on the White City campus is the Scale Space, set up as a community to help innovative companies accelerate growth. There is located Imperial's Translation and Innovation Hub, Imperial's White City Incubator, Invention Rooms, and a Hackspace for manufacturing equipment and training.[8]
Programmes edit
The business school offers undergraduate and postgraduate education, including a Masters of Business Administration (MBA), Masters in specific subjects, Doctorate of Philosophy (PhD), as well as executive education.[9]
Academics edit
The business school is focused around five themes:
- Digital Transformation: How technology is transforming business and society
- Entrepreneurship: How to thrive in dynamic and uncertain environments
- Healthcare Policy & Management: Policy and practice to improve health and wellbeing
- Finance & Institutional Resilience: Helping build more resilient business and a stronger global economy
- Sustainability & Climate Change: Inculsive and responsible business models for sustainable growth
Research centres:
- Brevan Howard Centre for Financial Analysis
- Centre for Climate Finance & Investment
- Centre for Digital Transformation
- Centre for Financial Technology
- Centre for Health Economics & Policy Innovation
- Centre for Responsible Leadership
- Gandhi Centre for Inclusive Innovation
- Imperial Business Design Studio
- Leonardo Centre on Business for Society
Rankings edit
| Business Rankings | |
|---|---|
| Europe MBA | |
| QS (2024)[10] | 9 |
| Financial Times (2024)[11] | 10 |
| Global MBA | |
| QS (2024)[12] | 20 |
| Financial Times (2024)[13] | 37 |
University:
Imperial has a reputation as one of the leading institutions in the United Kingdom and Europe.[14]
- QS World University Rankings - 6th worldwide, 3rd in Europe (2024)
- Times Higher Education World University Rankings - 8th worldwide, 3rd in Europe (2024)
- Academic Ranking of World Universities - 23rd worldwide, 6th in Europe (2023)
- U.S. News Best Global Universities - 13th worldwide, 4th in Europe (2024)
MBA:
- QS MBA - 9th in Europe (2024)
- Financial Times MBA - 10th in Europe (2023)
- QS MBA Career Specialisation in Entrepreneurship - 1st in Europe (2023)[15]
Masters:
- QS Masters in Marketing - 1st in the UK (2024)
- QS Masters in Business Analytics - 1st in the UK (2024)
- QS and Financial Times Masters in Management - 2nd in the UK (2024 & 2022)
- Financial Times Masters in Finance - 3nd in the UK (2023)
Research:
Imperial College London was 1st in the UK in the latest Research Excellence Framework league table, according to Times Higher Education.[16] The REF found that 97% of Imperial College London's research in the "business and management" field was "world-leading" or "internationally excellent."[17]
People edit
Directors and deans edit
- Sam Eilon (1955–1987)
- David Norburn (1987–2003)
- David Begg (2003–2012)
- Dorothy Griffiths (2012–2013)
- G. "Anand" Anandalingam (2013–2016)
- Nelson Phillips (2016–2017)*
- Francisco Veloso (2017–2023)
- Franklin Allen (2023-2024)*
- Peter Todd (2024-present)
*Interim
Notable academic staff edit
- Franklin Allen, executive director of the Brevan Howard Centre (2014–present)
- David Miles, CBE, Professor of Financial Economics
- William Perraudin, economist (former Chair in Finance, now adjunct professor)
- Carol Propper, CBE, FBA, chair in Economics
- Tommaso Valletti, chair in Economics, Chief Competition Economist of the European Commission (2016–2019)
- George Yip, Emeritus Professor of Marketing and Strategy
References edit
- ^ "History of Imperial College Business School". Imperial College London.
- ^ a b "A History of Management Science at Imperial College (1955-1989)" (PDF). Pubsonline.informs.org. Retrieved 30 July 2016.
- ^ Allan P. O. Williams (6 September 2010). The History of UK Business and Management Education. p. 16. ISBN 9781849507806. Retrieved 30 July 2016.
- ^ Gay, Hannah (2007). The History of Imperial College London, 1907-2007: Higher Education and Research in Science, Technology and Medicine. World Scientific. p. 578. ISBN 9781860947094.
- ^ a b Gay, p 580
- ^ Wheatcroft, Patience (25 June 2004). "One learns a lot at Imperial College". The Times (London).
- ^ Bradshaw, Della (20 August 2008). "Imperial drops Tanaka name". Financial Times. Retrieved 4 January 2023.
- ^ "White City Campus | Imperial College Business School". www.imperial.ac.uk. Retrieved 28 March 2024.
- ^ "Imperial 2023 Course Offerings". Imperial College London. Retrieved 22 September 2022.
- ^ "QS Europe MBA Rankings 2023". Quacquarelli Symonds.
- ^ "Global MBA Ranking 2022". Financial Times.
- ^ "QS Global MBA Rankings 2023". Quacquarelli Symonds.
- ^ "Global MBA Ranking 2023". Financial Times.
- ^ "Imperial College London". Times Higher Education (THE). 16 March 2024. Retrieved 21 March 2024.
- ^ "QS MBA by Career Specialisation Rankings 2023: Entrepreneurship". TopMBA.com. Retrieved 24 March 2024.
- ^ "REF 2021: Quality ratings hit new high in expanded assessment". Times Higher Education (THE). 12 May 2022. Retrieved 8 March 2024.
- ^ "Imperial overall scores by UoA". Imperial College London. Retrieved 8 March 2024.
External links edit
- Official site
- History and architecture of the school building